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Global Fund for Coral Reefs

The Global Fund for Coral Reefs (GFCR) provides grant funding and private capital to support sustainable interventions to save coral reefs and the communities that rely on them. Officially announced in September of 2020. The GFCR is a blended finance instrument to mobilise action and resources to protect and restore coral reef ecosystems.

Activity period 2020–2024
Last CoAct update n/a
Web URL https://globalfundcoralreefs.org/
Output effectiveness
0.40
Accountability Index
0.50
Inclusiveness Index
0.47
Num. actors 20
Functions Standards and norms, Funding, Policy planning
SDGs 13 14
Themes oceans and coastal zones
Policy focus Mainly adaptation
Sectors Agriculture, forestry and fishing, Financial and insurance activities
Implementation countries Bahamas (the), Belize, Brazil, Colombia, Egypt, Fiji, Guatemala, Honduras, Indonesia, Jordan, Kenya, Maldives, Marshall Islands (the), Mexico, Micronesia (Federated States of), Mozambique, Palau, Papua New Guinea, Philippines (the), Seychelles, Solomon Islands, Sri Lanka, Tanzania, the United Republic of
Target Target type
The project targets 40 fishing communities and 19,000 fishers in the Philippines People/countries affected target
The project targets 40 fishing communities and 19,000 fishers in the Philippines Area target
Use $125M in Grants to leverage US $500 for investments in coral reef conservation and reef-dependent communities Funding target